Messaging giant Telegram’s unreleased Gram tokens are set for sale to the public at a price three times of its private placement.
The Simple Agreement for Future Tokens (SAFT) for one token will be sold at $4 apiece on July 10 by a Korean company Gram Asia, allegedly the largest holder of the tokens in Asia, on a cryptocurrency exchange Liquid. It's not yet clear whether Gram Asia is allowed to resell the SAFT.
The price is 200% higher than Telegram's second round of $1.33 and almost 1000% up from the first round price of $0.38. If purchased with Liquid’s native cryptocurrency QASH, the price will be discounted to $3.50 per token, per the website.
Gram is the yet-to-be-launched native token for the Telegram Open Network (TON), a blockchain network by the giant, which is expected to launch on October 31.
source https://www.tokentalk.co/The Block/telegrams-unreleased-gram-tokens-to-sell-at-triple-the-private-token-sale-price-5d1d9e510bc9298636cf13eb
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